BSL Financial Services

Where To Find Us


Contact Number


We’re Here To Help You


Budget: UK on track for ‘disastrous decade’ of income stagnation

Thinktank says taxes as share of GDP are on course to reach 70-year high but public services are being cut

The UK remains on track for a “disastrous decade” of stagnant incomes and high taxes, despite cuts to public services, the Resolution Foundation has said in its analysis of the budget on Wednesday.

The thinktank, whose stated aim is to improve the standard of living for low- and middle-income families, said typical household disposable incomes were on course to be lower by the end of the forecast period in 2027-28 than they were before the pandemic, when inflation was taken into account.

Continue reading…

Articles on BSL Financials

Please note that all views in posts that are not from the BSL Editorial Team are not opinions of the company and do not represent us in any form. All Non-Editorial articles are intended to be purely informational and should not be treated as fact.

Recent Posts

Follow Us

Sign up for our Newsletter

Sign up and we’ll keep you updated with tips and tricks to keep you financially savvy.